secwatch.observer — SEC 8-K summary
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Issuer:     ANTERO RESOURCES Corp (AR)
CIK:        0001433270
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001104659-24-051278
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Antero Resources Q1 net income $36M, production up 5%, raises full-year guidance
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- Net production averaged 3.4 Bcfe/d (+5% YoY); liquids production 202 MBbl/d (+8% YoY).
- Pre-hedge natural gas equivalent price $3.39/Mcfe, a $1.15 premium to NYMEX of $2.24/MMBtu.
- Net income $36M, Adjusted Net Income $22M (non-GAAP), Adjusted EBITDAX $262M.
- Increased 2024 production guidance to 3.35-3.4 Bcfe/d and C3+ NGL price guidance to $0-$1/bbl premium.
- Free Cash Flow $11M positive in Q1 despite unhedged at low NYMEX gas price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433270/000110465924051278/0001104659-24-051278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433270/000110465924051278/tm2412583d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-051278

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